Sou Hu Cai Jing·2025-10-21 07:27Group 1 - The core viewpoint of the report is that Dongwu Securities has given a "buy" rating for Cangge Mining (000408.SZ) based on several positive performance indicators [1] Group 2 - Q3 performance met expectations, indicating stable operational efficiency [1] - Lithium production at Cangge Lithium has officially resumed, with an annual production and sales plan adjustment down by 2,490 tons, while lithium prices show strong bottom support [1] - Potash prices increased further in Q3, and unit costs continued to decline, enhancing profitability [1] - Copper production and sales saw a quarter-on-quarter increase in Q3, contributing to sustained investment returns [1] - Operating cash flow in Q3 improved year-on-year, reflecting better cash management [1]